NALFA has identified 18 factors in court awarded attorney fees. Several of these fee factors draw from seminal fee jurisprudence cases Goldberger v. Integrated Resources and Johnson v. Georgia Highway Express.
- Reasonable, Prevailing Hourly Rates
- Reasonableness of the Number of Hours Billed
- Percentage of the Fund: Fees in Relation to the Economic Value of the Settlement
- Successful Results Obtained for the Number of Client(s)
- Risk of the Litigation: Non-Payment
- Risk of the Litigation: Preclusion of Other Cases
- Quality of the Work and Representation
- Experience, Reputation, and Ability of the Attorneys
- Novelty and Difficulty of the Legal Issues in the Underlying Case
- Efficient Litigation Management Practices: Case Staffing and Task Assignments
- Economic Exposure: Fees in Relation to the Amount at Stake in the Underlying Case
- Fees in Relation to Similar Cases
- Nature of the Working Relationship with Opposing Counsel
- Customary Timekeeping Billing Practices
- Billing Judgment
- Public Policy Considerations
- Nature and Length of the Attorney-Client Relationship
- Fees in Relation to Fees of Opposing Counsel